iShares High Yield Muni Active ETF (BATS:HIMU) Sees Significant Decline in Short Interest

iShares High Yield Muni Active ETF (BATS:HIMU) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 140,798 shares, a drop of 52.0% from the August 31st total of 293,343 shares. Based on an average trading volume of 568,716 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares High Yield Muni Active ETF

A number of institutional investors have recently bought and sold shares of HIMU. Arkadios Wealth Advisors raised its stake in iShares High Yield Muni Active ETF by 14.5% in the first quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock valued at $635,000 after buying an additional 1,673 shares during the period. Bessemer Group Inc. bought a new position in shares of iShares High Yield Muni Active ETF during the 1st quarter worth approximately $144,000. Manning & Napier Advisors LLC acquired a new position in shares of iShares High Yield Muni Active ETF during the 1st quarter worth approximately $255,000. Ascentis Independent Advisors bought a new stake in iShares High Yield Muni Active ETF in the 1st quarter valued at $33,000. Finally, Janney Montgomery Scott LLC raised its stake in iShares High Yield Muni Active ETF by 5.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock valued at $5,849,000 after acquiring an additional 5,757 shares during the period.

iShares High Yield Muni Active ETF Stock Performance

iShares High Yield Muni Active ETF stock opened at $45.33 on Tuesday. The company’s 50-day moving average is $47.84 and its 200-day moving average is $48.44. iShares High Yield Muni Active ETF has a fifty-two week low of $45.20 and a fifty-two week high of $49.94.

iShares High Yield Muni Active ETF Company Profile

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.